Asia-Pacific: Market for Brassieres, Girdles And Corsets 2024

Market Size for Brassieres, Girdles And Corsets in Asia-Pacific

In 2022, the Asia-Pacific brassiere, girdle and corset market decreased by X% to $X, falling for the third year in a row after three years of growth. In general, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Brassieres, Girdles And Corsets in Asia-Pacific

In value terms, brassiere, girdle and corset production declined to $X in 2022 estimated in export price. The total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Brassieres, Girdles And Corsets

Exports in Asia-Pacific

After five years of growth, overseas shipments of brassieres, girdles and corsets decreased by X% to X units in 2022. Total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then contracted modestly in the following year.

In value terms, brassiere, girdle and corset exports reduced modestly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

China prevails in exports structure, recording X units, which was near X% of total exports in 2022. Bangladesh (X units) ranks second in terms of the total exports with a X% share, followed by Vietnam (X%). The following exporters - Indonesia (X units) and Sri Lanka (X units) - each resulted at a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to brassiere, girdle and corset exports from China stood at X%. At the same time, Vietnam (X%), Bangladesh (X%), Sri Lanka (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of China, Vietnam and Bangladesh increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest brassiere, girdle and corset supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by Bangladesh, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and Bangladesh (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, showed a pronounced curtailment. Over the period under review, the export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Brassieres, Girdles And Corsets

Imports in Asia-Pacific

In 2022, supplies from abroad of brassieres, girdles and corsets increased by X% to X units, rising for the second consecutive year after three years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, brassiere, girdle and corset imports fell to $X in 2022. In general, imports, however, continue to indicate a mild contraction. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Japan (X units), Indonesia (X units), Thailand (X units), China (X units), South Korea (X units) and Malaysia (X units) represented roughly X% of total imports in 2022. It was distantly followed by Australia (X units) and Hong Kong SAR (X units), together comprising an X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported brassieres, girdles and corsets in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Australia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Japan amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Australia (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, declining by X% against the previous year. In general, the import price showed a noticeable decrease. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :